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Nov 11, 2012
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the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ for real. ...that make a real difference. oh, let me guess --ou see this? more washington gridlock. no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. introducing the new droid razr maxx hd by motorola. now more than ever droid does. ♪ >> president barack obama: i wam looking forw
the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ for real. ...that make a real difference. oh, let me guess --ou see...
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Nov 11, 2012
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>> definitely. >> time to get the economy started. >> reporter: delay that talk of sequestration. it's full speed ahead. >>> today ace the 232nd birthday of the marine corps. it was on november 10th, 1775 that the intercontinental congress called for the formation of units to defenders by sea. >>> if we have a day like today tomorrow, i think everyone will be happy. it was gorge just. >> it was. tomorrow is going to be betterment i'm glad because we have a lot of parades. >> we do. >> to honor our veterans out there a lot of people will be doing outdoor activities. mother nature will cooperate. >> yes, she is >> let's take a live look outside. there was a really beautiful shot of the washington monuments. some crowds have been rolling through. winds very light as well. and we're going to get a warmup. so, bright skies as we move into sunday for the veterans day festivities and enjoy the warmup. wait until you see where the temperatures are headed. also a chance of rain ahead in the accu weather seven-day forecast and cooler and drier as we move into the later part of next week. we
>> definitely. >> time to get the economy started. >> reporter: delay that talk of sequestration. it's full speed ahead. >>> today ace the 232nd birthday of the marine corps. it was on november 10th, 1775 that the intercontinental congress called for the formation of units to defenders by sea. >>> if we have a day like today tomorrow, i think everyone will be happy. it was gorge just. >> it was. tomorrow is going to be betterment i'm glad because we...
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Nov 9, 2012
11/12
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economy but they don't have a lot of time here. >> no, they don't. the president spoke on this today, not mentioning what was going on behind the scenes with the cia. consider the timeline here. there are only 53 days now left for congress to get to work and get this deal done in order to raise the debt ceiling this year congress put this countdown clock in effect and it has now unt january 1 to get it done. if nothing gets done, your payroll taxes could go up. the bush era income tax cuts would end and 449,000 defense industry jobs across virginia, maryland and d.c. could face layoffs if these automatic pentagon cuts are allowed to go forward. at the white house this afternoon the president spoke in front of what the administration called average americans. those special era tax cuts would expire. add to that deep spending cuts that will kick in. all of this has economists warning tonight of a double dip recession and possible rise of the unemployment rate up to 9.1%. >> the american people are looking for cooperation. they are looking for consensus
economy but they don't have a lot of time here. >> no, they don't. the president spoke on this today, not mentioning what was going on behind the scenes with the cia. consider the timeline here. there are only 53 days now left for congress to get to work and get this deal done in order to raise the debt ceiling this year congress put this countdown clock in effect and it has now unt january 1 to get it done. if nothing gets done, your payroll taxes could go up. the bush era income tax...
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Nov 15, 2012
11/12
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but a raise in tax rates will under mine the economy in significant ways. comes out of the hide of a lot of small businesses and the last thing we need at the present time is to make decisions about the fiscal cliff that take us toward another fiscal cliff next year because the economy deteriorates. there's a balance that needs to be done but a posturing gets those negotiations started. >> the nice thing about the president is he's putting lines in the sand. one of the things i respected ronald reagan for. he had three lines in the sand. i think the president has his line in the sand. >> okay. meantime, time is dwindling for all of us. marty and bob thanks for being with us. time has ended. we'll be right back . >>> we're back now with stories making headlines across the nation. just days after a big win against alabama, some alarming news out of texas anm, thomas johnson is missing. the university's police department says johnson was last seen leaving his residence monday evening. he went to high school in dallas. police believe he may have traveled to tha
but a raise in tax rates will under mine the economy in significant ways. comes out of the hide of a lot of small businesses and the last thing we need at the present time is to make decisions about the fiscal cliff that take us toward another fiscal cliff next year because the economy deteriorates. there's a balance that needs to be done but a posturing gets those negotiations started. >> the nice thing about the president is he's putting lines in the sand. one of the things i respected...
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Nov 8, 2012
11/12
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meantime sandy is taking its toll on the economy still. mortgage applications falling last week even with rates well below 4%. the super storm put a hold on potential homebuyers all along the eastern coast. airlines aren't taking any chances after sandy. they're already cancelling hundreds of flights because of that nor'easter that's dumping rain and snow across the entire eastern region just like last week when sandy grounded more than 20,000 flights. airlines waiting the usual re-- waiving the usual rescheduling fees that can run as much as 150 bucks. meanwhile shoppers are not pulling out plastic, credit card borrowing down nearly 3 billion bucks in september. consumers still clearly worried about taking on high interest debt as the economy keeps slowing down. that's business. i'm neil cavuto. >> this fox 5 stock market report is brought to you by your lexus dealer. live life heroically. >>> the man who made that controversial anti-muslim film will do a year in prison. mark basseley youssef was conv
meantime sandy is taking its toll on the economy still. mortgage applications falling last week even with rates well below 4%. the super storm put a hold on potential homebuyers all along the eastern coast. airlines aren't taking any chances after sandy. they're already cancelling hundreds of flights because of that nor'easter that's dumping rain and snow across the entire eastern region just like last week when sandy grounded more than 20,000 flights. airlines waiting the usual re-- waiving...
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Nov 13, 2012
11/12
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take measures to accelerate the economy. one of the points i've made is every economist says another one year extension in the payroll tax cut which benefits 160 million working americans does a whole lot more to help the economy than saying folks at the very high end get this bonus tax break. much more impact on the economy which by the way, the social security has made clear does not take one penny out of the social security trust fund. because that puts more money in the pockets of working people who go out and spend it on goods and services in their communities. and at this point where the economy remains fragile, we have to keep that in mind as well. >> we appreciate you coming in to give insight into this. hopefully we can talk to you again. >> i look forward to it. >> representative chris van hallen thank you. >> each year oxford university tracks how the english language is changing and chooses the word that best reflects the mood of the year. can you guess what this year's word is? we'll have the answer for you afte
take measures to accelerate the economy. one of the points i've made is every economist says another one year extension in the payroll tax cut which benefits 160 million working americans does a whole lot more to help the economy than saying folks at the very high end get this bonus tax break. much more impact on the economy which by the way, the social security has made clear does not take one penny out of the social security trust fund. because that puts more money in the pockets of working...
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Nov 9, 2012
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if you go off the fiscal cliff, the economy goes into recession the beginning of 2013. this is not a small matter. i think we have to address it. >> reporter: it will come down to these two men. the president expected to draw a line in the sand insisting on a massive tax hike for wealthy americans and republican house speaker john boehner now open to raising taxes in other ways. but he told abc news that tax rates should remain where they are. >> on the table, but through reforming our tax code. and i would do that if the president were serious about solving our spending problem, and trying to secure our entitlement program. >> reporter: most economists agree that reforming entitlement programs like medicare, medicaid and social security is necessary, but it would involve a grand bargain. it could take months or years to get that done. the deadline for congress just over seven weeks from now. if these cuts take effect, a congressional budget office report says unemployment could climb to above 9%. some entitlement programs such as social security and medicaid are exempt
if you go off the fiscal cliff, the economy goes into recession the beginning of 2013. this is not a small matter. i think we have to address it. >> reporter: it will come down to these two men. the president expected to draw a line in the sand insisting on a massive tax hike for wealthy americans and republican house speaker john boehner now open to raising taxes in other ways. but he told abc news that tax rates should remain where they are. >> on the table, but through reforming...
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Nov 10, 2012
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>> the economy might be recovering. if the recovery is not complete or if growth is tepid and slow and jobs do not come back by the time of the next presidential campaign, how will that affect the types of policies that candidates will propose? different solutions and how people might change electorally. >> i think given polling data and the uncertainty of it these days, i think there were a lot of reasonable predictions you could have made from getting barack obama to 332 would have been a reasonable prediction. getting over 304 mitt romney was within the realm of possibilities, or a reasonable person could conclude. there are lots of issues in polling now that carolina has been following closely better generally troubling to a lot of pollsters. polling procedures are developed in a nation that had landline telephones and a population that answer the phone. we do not live in such a nation anymore. peter researchers found 9% of calls resulted in a complete interview. in 1997 was 37%. is the representative of the larger
>> the economy might be recovering. if the recovery is not complete or if growth is tepid and slow and jobs do not come back by the time of the next presidential campaign, how will that affect the types of policies that candidates will propose? different solutions and how people might change electorally. >> i think given polling data and the uncertainty of it these days, i think there were a lot of reasonable predictions you could have made from getting barack obama to 332 would...
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Nov 10, 2012
11/12
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FBC
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everyday you see all the ways all of us at us bank are helping grow our economy. lending more scompanies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. you walk into a conventional mattress store, it's really not about you. we have so much technology in our store to really show the custors what's going on with their bodies. you can see a little more pressure in the shoulders and in the hips. ... now you can feel what happens as we raise your sleep number setting and allow the bed to contour to your individual shape. oh, wow. that feels really good. at sleep number we've created a collection of innovations dedicated to individualizing your comfort. the sleep number collection, designed around the innovative sleep number bed - a bed with dualair technology that allows you to adjust to the exact comfort your body needs. each of your bodies. so whatever you feel like, sleep number's going to provide it for you. during our semi-annual sleep sale, save $500 on our cl
everyday you see all the ways all of us at us bank are helping grow our economy. lending more scompanies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. you walk into a conventional mattress store, it's really not about you. we have so much technology in our store to really show the custors what's going on with their bodies. you can see a little more pressure in the shoulders and in the hips....
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Nov 10, 2012
11/12
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we're on the edge, a weak economy, and if you raise taxes, and you do stay tuned things, we're going back into a double dip. the question is how do you get the revenues? i mean, listen, i think it has to be done through tax reform. i think -- i don't know -- neil: can't do tax reform now, though. i feel you got to get past -- >> that's boehner's plan. house -- the speaker, believes that you do a stopgap measure. this is what i was told by people in washington, do the big grand deal, and that depends on ho who is the trash ri secretary. any executive meeting with barack obama over the past four years says the guy, when it comes to economics, he doesn't care. you talked to people -- neil: it bores him. >> talk to people on that jobs committee, and they tell you that these meetings were profunk ri at best reading off the tell prompter. neil: i can't stand people who read -- okay, melissa, another crack pot that advances you. democrats might want to let the thing explode. >> yeah. neil: so early in the administration, they can pick and choose carcasses in the new year. >> i guess. i mean
we're on the edge, a weak economy, and if you raise taxes, and you do stay tuned things, we're going back into a double dip. the question is how do you get the revenues? i mean, listen, i think it has to be done through tax reform. i think -- i don't know -- neil: can't do tax reform now, though. i feel you got to get past -- >> that's boehner's plan. house -- the speaker, believes that you do a stopgap measure. this is what i was told by people in washington, do the big grand deal, and...
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Nov 8, 2012
11/12
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exit polls show the majority think the economy is the most important issue. only 15% said the focus should be on taming the deficit. the latest from capitol hill where a fiscal cliff is on the horizon. >> president obama has won another four years but does he have the mandate? house republicans also won on tuesday. with the fiscal cliff approaching at the end of the year, the fundamentals haven't really changed. the first family about to settle in for another term. won't be much time to celebrate. the fiscal cliff is approaching just down the street and the government could start hemorrhaging cash at the end of the year. >> the fiscal year is $200 billion of spending cuts. going over the full cliff is a recipe. there's no question about it. >> after tuesday does the president have the mandate to raise taxes on the wealthy? something he has pushed for years. >> this is the message american people sent from all over. and that is they are tired of these partisan gridlocks. >> point to the impact higher taxes would have on hiring. but house speaker john boehner i
exit polls show the majority think the economy is the most important issue. only 15% said the focus should be on taming the deficit. the latest from capitol hill where a fiscal cliff is on the horizon. >> president obama has won another four years but does he have the mandate? house republicans also won on tuesday. with the fiscal cliff approaching at the end of the year, the fundamentals haven't really changed. the first family about to settle in for another term. won't be much time to...
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Nov 10, 2012
11/12
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. at legalzoom, we've created a better place to turn for your legal matters. maybe you want to incorporate a business you'd like to start. or protect your family with a will or living trust. legalzoom makes it easy thtep-by-step help when completing your personalized document -- or you can even access an attorney to guide you along. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized document to answer any questions. get started at legalzoom.com today. and now you're protected. follow the wings. legalzoom.com today. when we got married. i had three kids. and she became the full ti
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. at legalzoom, we've created a better place to turn for your legal matters. maybe you want to incorporate a business you'd like to start. or protect your...
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the economy will contract again. i don't think the markets like what theyaw they sold off the worst day of the year. mariane? went to the professional traders who have serious thoughts about the ability of government? >> second, over the last year has been good for the stock market. but no one can aue we cannot afford failure,till make comment the same thing over and over from 2011. only in washington and does the speaker think he has a mandate is big is the president. >> you have 435 elected meers of the house. the chance is a majority of them will vote for a tax rate increase are minimal. but a bipartisan majority willvote to through the revenues increase throgh limiting deductions is high. that is the way to go. he did ot do that with the price of politics and repaid the economic price. it is harder to solve but the avenue is clear. gerri: i am glad to hear you are not as cynical as i am. now what do you think? who is the party of gridlock? log on and there will share the results of. >> he won another four years b
the economy will contract again. i don't think the markets like what theyaw they sold off the worst day of the year. mariane? went to the professional traders who have serious thoughts about the ability of government? >> second, over the last year has been good for the stock market. but no one can aue we cannot afford failure,till make comment the same thing over and over from 2011. only in washington and does the speaker think he has a mandate is big is the president. >> you have...
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Nov 11, 2012
11/12
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FOXNEWS
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focused on the economy and wanted to make the obama economy, but he woke up wednesday morning and probably saw an exit poll figure that had him devastated for people, 50% of the electorate still thought this economy was george w. bush's fault. it's astonishing. >> it's astonishing. >> and one of the failures, not making a distinction in the campaign, the theme explanation why he would be different than george w. bush. when we come back, the soul searching begins as republicans face another four years of a democrat in the white house and at least two more in the senate minority. what the party needs to do to what the party needs to do to regroup for 2 2 2 2 2 2 hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. >> another white house loss for the g.o.p. coupled with their failure once again to take back the senate. many in the party calling for change. what can republicans do to regroup for 2014 and beyond. ja
focused on the economy and wanted to make the obama economy, but he woke up wednesday morning and probably saw an exit poll figure that had him devastated for people, 50% of the electorate still thought this economy was george w. bush's fault. it's astonishing. >> it's astonishing. >> and one of the failures, not making a distinction in the campaign, the theme explanation why he would be different than george w. bush. when we come back, the soul searching begins as republicans face...
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Nov 9, 2012
11/12
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CNBC
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saying, president obama set to lay down his starting points on the fiscal cliff debate and what the economy needs to stay in recovery mode. a setting rich in theater coming just hours after the speaker of the house, boehner, made his case. >> indeed he did, ty. thank you. i'm sue herera, along with my partner tyler mathisen. john harwood and eamon javers are in washington as we countdown to the president's statement in a few minutes. we're hearing that the white house has invited congressional leaders for a meeting at the white house next week on the fiscal cliff. that seems to mean, john, to me anyway, a little bit of progress. what type of tone do you expect, john, the president to take in this next address? >> sue, i expect him to be conciliatory and reaching out to republicans the way john boehner has tried to strike that mode on capitol hill. two different white house specialists just told me the president will walk out here and announce he's invited the bipartisan leadership of congress to the white house next week to begin talks on the fiscal cliff. i have to think there is a possibi
saying, president obama set to lay down his starting points on the fiscal cliff debate and what the economy needs to stay in recovery mode. a setting rich in theater coming just hours after the speaker of the house, boehner, made his case. >> indeed he did, ty. thank you. i'm sue herera, along with my partner tyler mathisen. john harwood and eamon javers are in washington as we countdown to the president's statement in a few minutes. we're hearing that the white house has invited...
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Nov 13, 2012
11/12
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the first priority needs to be job growth, growth of the economy over all. we've got to get a recovery that is even stronger than we have now before we turn to serious deficit reduction. >> eliot: every now and again when i engage with a republican, let's take philosophy out of this and let's see how it works. you predicted inflated interest rates and the three big arguments that they make, it has been disproven conclusively as well. what is their economic argument. is there one that has not been thoroughly debunked. >> i don't think they have an economic argument. i have not heard an economic argument. they say if you increase taxes on people who are wealthy you're going to slow economic growth but other reports suggest that is not the case. there is no correlation at all between increasing tax rates at the top and economic growth. to the contrary there seems to be a correlation between actually increasing rates on the top and increasing economic growth. bill clinton increased taxes and we had a much better economy than we had after george w. bush who cut t
the first priority needs to be job growth, growth of the economy over all. we've got to get a recovery that is even stronger than we have now before we turn to serious deficit reduction. >> eliot: every now and again when i engage with a republican, let's take philosophy out of this and let's see how it works. you predicted inflated interest rates and the three big arguments that they make, it has been disproven conclusively as well. what is their economic argument. is there one that has...
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Nov 8, 2012
11/12
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let's talk about the economy here, though, with the fiscal clip. you heard john boehner willing to accept new revenue. heaharry reid in the senate, saying you can't push us around anymore. is this language that begins compromise. >> it will begin compromise, but it may be far more horrowing. it may be it takes place next year, rather than this year. the problem is john boehner himself has one more election. he wants to be re-elected as speaker of the house. that does not take place until january 3, 2013. if he cuts a deal with barack obama, he faces a serious revolt in his own caucus. >> tom: is your caution then don't expect a fiscal clip solution before january 3rd? is that what investors to expect? >> the best way out of this impasse for the time being, is gracious gesture for the president-elect, re-elect, president obama, he should offer to extend the tax cuts perhaps until march of next year. giving john boehner an opportunity to win his own re-election, and gather some goodwill on the republican side of the aisle. if mr. obama doesn't see it
let's talk about the economy here, though, with the fiscal clip. you heard john boehner willing to accept new revenue. heaharry reid in the senate, saying you can't push us around anymore. is this language that begins compromise. >> it will begin compromise, but it may be far more horrowing. it may be it takes place next year, rather than this year. the problem is john boehner himself has one more election. he wants to be re-elected as speaker of the house. that does not take place until...
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Nov 13, 2012
11/12
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FBC
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you know even just one % of economy growth. we've seen the dismal growth, just 1%, would give you 280 billion-dollars, -- excuse me -- 2.8 trillion. neil: but. but. your definition of growth, i will let you finish. your definition of growth, which is a soup one, is not the -- sound one is not the president's definition of growth. he wants that pro verbial tax hike head on the platter. >> the president talks about raising taxes on millionaires, he is talking about raising taxes on small business owners, we know that we looking at his budget plan, top two marginal rates, they pay through the personal side of the tax code. >> they say 3%. but it works out to half of the revenue. on the small business world, and almost half hiring, -- steve? >>well, you know, you know me, neil, i hate rate increases, they do significant damage to the economy, truth and i want the rich to pay more taxes i want them to pay more taxes and because they are making more money. you know we have 50 year low in taxes as share of gdp, because this economy is
you know even just one % of economy growth. we've seen the dismal growth, just 1%, would give you 280 billion-dollars, -- excuse me -- 2.8 trillion. neil: but. but. your definition of growth, i will let you finish. your definition of growth, which is a soup one, is not the -- sound one is not the president's definition of growth. he wants that pro verbial tax hike head on the platter. >> the president talks about raising taxes on millionaires, he is talking about raising taxes on small...
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Nov 10, 2012
11/12
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FBC
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this economy is awfully weak. imposing taxes to not be reduced at a time like this -- that's just not good. gerri: son's he took office, it has gone up trillions of dollars. what's the best way to get this done? you don't like raising taxes, but how do you go about the most expected way to get more money into the federal government. i hate to even say that, it sounds like a horrible thing. but if the economy were to go, how do we deal with this? >> in the last year before the crisis, the budget was only 161 billion. now it's over a trillion dollars. only half of that can be justified more and more. the rest of it is additional benefits and programs and so forth that mr. obama, and before him, speaker nancy pelosi insisted on. why don't we roll back pull back to the level of real spending adjusted for inflation that we had when president bush took office. this is obama's deficit. it's not bush's deficit. 161 billion, we had all the tax cuts in place. thankfully, we have the prescription drug coverage. gerri: is tha
this economy is awfully weak. imposing taxes to not be reduced at a time like this -- that's just not good. gerri: son's he took office, it has gone up trillions of dollars. what's the best way to get this done? you don't like raising taxes, but how do you go about the most expected way to get more money into the federal government. i hate to even say that, it sounds like a horrible thing. but if the economy were to go, how do we deal with this? >> in the last year before the crisis, the...
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Nov 9, 2012
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>> well, we have the economy moving ahead slowly now. with an acceleration, i believe, coming from rising housing prices and rising housing starts. housing prices in this country, which have been going down for five or six years, in the last six months have started up and they're up broadry and stro rly in many markets. this is not only going to drive housing starts higher but be a tremendous positive for consumer confidence because along with stocks, the value of people's house, the biggest asset they have. it's been under downward pressure. now it's headed the other way. >> right. i agree. this may have had an impact on the election, by the way, because it's so important to individuals. but let me just take you through this. if the so-called fiscal cliff is solved, we avoid the big year-end tax increase, ken heebner, what concerns a lot of people is that next year the capital gains tax rate is going up. the dividend tax rate is going up. as part of obama care. let alone, what may eventually happen with the bush tax cuts. do you see wha
>> well, we have the economy moving ahead slowly now. with an acceleration, i believe, coming from rising housing prices and rising housing starts. housing prices in this country, which have been going down for five or six years, in the last six months have started up and they're up broadry and stro rly in many markets. this is not only going to drive housing starts higher but be a tremendous positive for consumer confidence because along with stocks, the value of people's house, the...
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Nov 11, 2012
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WBAL
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. >> everyone wants to get our economy moving again, everyone wants to get more americans back to work again. raising tax rates will slow down our ability to create the jobs that everyone says they want. chris: in your book, the price of politics, a heck of a book. you talk about how debt negotiations fell apart the last time, we tried it in the summer of 2011. will the speaker, we just saw, have the strength to lead his party even if he has to fight for the tea party? >> their camouflage is tax reform and they're going to do that over time. so the rates could come down. the really interesting thing is when you examine the detail of this, last year they were close. they actually could have worked out some agreement and it blew up because of the president asking for more revenue and that was the limit for them. i think it is a moment of necessity to a certain extent. they can't avoid this now. chris: reporting challenge. does the president have confidence or belief that the other side, that would be mitch mcconnell, the senate republican leader, or john boehner, the speaker, are up to a
. >> everyone wants to get our economy moving again, everyone wants to get more americans back to work again. raising tax rates will slow down our ability to create the jobs that everyone says they want. chris: in your book, the price of politics, a heck of a book. you talk about how debt negotiations fell apart the last time, we tried it in the summer of 2011. will the speaker, we just saw, have the strength to lead his party even if he has to fight for the tea party? >> their...
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Nov 8, 2012
11/12
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FOXNEWSW
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stalls the economy so people can't get jobs. people are not hiring. they don't do their job. >> i think you are really giving the government a break when you say it's just uncertainty. it is not just uncertainty. they have the sword hanging over their head with obamacare, that the president wants, the biggest tax increase in american history. that will fall primarily on potential job creators. it is not just uncertainty about policy. it is that they have bad, bad policy staring them in the face. the government can't spend itself rich any more than your family can spend itself rich. but the government is sucking all of the energy out of the economy when the government's spending $10 billion a day and only takes in $6. >> greta: but every time it does something, advances something 3 months or 6 months, it puts a stall on the economy. people can't make decisions here. we have long-term planning. every time they do that thurts any american who wants a job, every time. it's selfish. you know, it is not doing their job. >> i don't take issue with what you a
stalls the economy so people can't get jobs. people are not hiring. they don't do their job. >> i think you are really giving the government a break when you say it's just uncertainty. it is not just uncertainty. they have the sword hanging over their head with obamacare, that the president wants, the biggest tax increase in american history. that will fall primarily on potential job creators. it is not just uncertainty about policy. it is that they have bad, bad policy staring them in...
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Nov 14, 2012
11/12
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FOXNEWSW
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>>neil: but the media, whether it is this story, the economy, or whatever, this is a lot of faux rage. >>guest: that is designed to shut you up, the tolerant left is just a way to be intolerant. it allows intolerance to exist. for example, occupy wall street was relegated by the press to be romantic and heroic while crimes were committed across the country but because it was if the greater good you can do bad. >>neil: but occupiers were hero and the family was nuts. >>guest: tea party would not throw a chair through the window because they own the chair and the window. ows, they owned the soiled clothes but the reporters and the jump histories identified with them, and embedded with them, because they saw in them heroic reflection of themselves, something they wanted to be. >>neil: do you think this the election, then, is a validation for what the president was outlining today raising taxes on the rich? and the media will go along? the rich have gotten disproportionate share of the success and money. >>guest: exactly. it is their fault they achieved. it is a dangerous road. it punishe
>>neil: but the media, whether it is this story, the economy, or whatever, this is a lot of faux rage. >>guest: that is designed to shut you up, the tolerant left is just a way to be intolerant. it allows intolerance to exist. for example, occupy wall street was relegated by the press to be romantic and heroic while crimes were committed across the country but because it was if the greater good you can do bad. >>neil: but occupiers were hero and the family was nuts....
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Nov 9, 2012
11/12
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FOXNEWS
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. >> everyone wants to get the economy moving again. everyone wants to get more americans back to work depen. it will slow down our ability to create jobs that everyone says he wants. >> the stalemate leads both sides no closer to a deal to avoid the fiscal cliff. $700 billion in spending cuts and an end to the tax rates coming at the end of the year. boehner is under pressure from conservatives to not give in on the tax rate increases he is willing to end deductions that could raise the tax revenue. the president is getting pressure from the left. "new york times" columnist paul krugman going so far today to suggest the white house should be willing to daniel the economy to make their point with republicans. writing, "what should he do?" just say no and go over the cliff if necessary. the president said today he is open to giving in to a point. >> i want to be clear. i'm not wedded to every detail of my plan. i'm open to compromise. i am open to new ideas. i'm committed to solving our fiscal channel. i refuse to accept any approach tha
. >> everyone wants to get the economy moving again. everyone wants to get more americans back to work depen. it will slow down our ability to create jobs that everyone says he wants. >> the stalemate leads both sides no closer to a deal to avoid the fiscal cliff. $700 billion in spending cuts and an end to the tax rates coming at the end of the year. boehner is under pressure from conservatives to not give in on the tax rate increases he is willing to end deductions that could...
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Nov 9, 2012
11/12
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CNBC
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economy and i think that's what's going to offset the fiscal drag. it really is the global economy, and investment trading and trade. some improvement in skboexport . some things to be encouraged about at least in the sense of wee feel comfortable. 103 dollars and $108 to $110. >> if the lame duck does a can kick, does that force do you refocus on your price target. >> if this leads to see question station and is not done el wantly, it's very likely we're going to get a rating downgrade. i just don't think the equity market is going to react as adversely as it did august of it happens. let's soo write headache out and thi think. >> got it. david, thanks so much. >> my pleasure. >> david bianco, chief strategist at deutsche bank. >>> breaking news and our very own mair thompson is on the floor with the stock exchange. ma mary? >> there's a key change way tojt bring to our investors or viewers' attention. this year they're providing a little bit of konk for those submitting new capital plans. they have to submit them by january 7th. if the fed rejects
economy and i think that's what's going to offset the fiscal drag. it really is the global economy, and investment trading and trade. some improvement in skboexport . some things to be encouraged about at least in the sense of wee feel comfortable. 103 dollars and $108 to $110. >> if the lame duck does a can kick, does that force do you refocus on your price target. >> if this leads to see question station and is not done el wantly, it's very likely we're going to get a rating...
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Nov 9, 2012
11/12
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CURRENT
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what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ ♪ uh, i'm in a timeout because apparently riding the dog like it's a small horse is frowned upon in this establishment! luckily though, ya know, i conceal this bad boy underneath my blanket just so i can get on e-trade. check my investment portfolio, research stocks... wait, why are you taking... oh, i see...solitary. just a man and his thoughts. and a smartphone... with an e-trade app. ♪ nobody knows... ♪ [ male announcer ] e-trade. investing unleashed. rich, chewy caramel rolled up in smooth milk chocolate. don't forget about that payroll meeting. rolo.get your smooth on. also in minis. >> jennifer: new york got wallop by yet another storm yester
what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ ♪ uh, i'm in a timeout because apparently riding the dog like it's a small horse is frowned...
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Nov 9, 2012
11/12
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MSNBC
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economy back into recession and push the unemployment rate up to 9.1% by the end of the fourth quarter next year. the report also projects that after the initial shock, growth would return and the unemployment rate would shrink to 5.5%, but not until 2018. house speaker john boehner yesterday remained steadfast in his position on raising taxes. >> i remain optimistic we're going to be able to find common ground avoid this fiscal cliff and find a way to work together. >> by when? january 1st? >> i would hope so. >> the president is talking about specific increases. he campaigned on specific increases and tax rates from 35% to 39% for those making more than $250,000. so is that on the table right now? >> raising taxes on small business people is the wrong prescription given where our economy is. >> is it on the table to talk about? >> i made clear -- >> to have the wealthier americans pitch in. >> -- that raising tax rates is unacceptable. frankly, it couldn't pass the house. >> you will talk about it even if it's the wrong approach. >> of course we'll talk about it. we'll talk about all
economy back into recession and push the unemployment rate up to 9.1% by the end of the fourth quarter next year. the report also projects that after the initial shock, growth would return and the unemployment rate would shrink to 5.5%, but not until 2018. house speaker john boehner yesterday remained steadfast in his position on raising taxes. >> i remain optimistic we're going to be able to find common ground avoid this fiscal cliff and find a way to work together. >> by when?...
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Nov 10, 2012
11/12
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CNN
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standing in his way, an unnecessary fiscal disaster, the struggling labor market, a global economy that's slowing and the uncertain future of our children and grandchildren. dear mr. president, when it comes to this country's financial future, you've got four years and 4 major tasks. first, the fiscal cliff. there's no time to waste. on january 1, taxes rise and government spending is cut, sending not just us but potentially the world back into a recession. next on the list, jobs. hiring is picking up, but we must do better. the middle class has been hit hard. its wealth fell 28% in the last decade. why? >> changes that were taking place in china. >> some emerging markets like china. >> china needs the united states. >> mostly by keeping its currency low, china can sell products for less than they're worth, making it hard for american companies to compete. that means fewer jobs and lower wages here in the u.s. we need a smart trade policy that protects american workers without hurting american businesses. america needs a 21st century workforce. that comes through education. to keep our pl
standing in his way, an unnecessary fiscal disaster, the struggling labor market, a global economy that's slowing and the uncertain future of our children and grandchildren. dear mr. president, when it comes to this country's financial future, you've got four years and 4 major tasks. first, the fiscal cliff. there's no time to waste. on january 1, taxes rise and government spending is cut, sending not just us but potentially the world back into a recession. next on the list, jobs. hiring is...
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185
Nov 10, 2012
11/12
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WMPT
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they know the economy is not in a good place. the attack ads against obama were telling them something they didn't already know. what they were seeing was a very slow growth but growth. the numbers were moving in the direction they were supposed to move. >> you're going to believe me or you have lying eyes, right? the other interesting thing to me remember the day before the election, romney said we've left nothing on the field. so the day after, did they look back, the romney folks in their soul searching and say, oh, maybe we did? >> well, i think they know they left something on the field and that was as john suggested that they did not have the money in the middle of the summer to attack from theas from the obama campaign. that was both a reality that they had to deal with but it was also they might have anticipated more smartly. >> but did they ever really catch up? in the fall they said it was a very, very tight race. >> i think after the first debate in denver, the romneyed aors we hope -- romney advisors said we hope that
they know the economy is not in a good place. the attack ads against obama were telling them something they didn't already know. what they were seeing was a very slow growth but growth. the numbers were moving in the direction they were supposed to move. >> you're going to believe me or you have lying eyes, right? the other interesting thing to me remember the day before the election, romney said we've left nothing on the field. so the day after, did they look back, the romney folks in...
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115
Nov 11, 2012
11/12
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CSPAN
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there are other issues on the economy. 70% to 20% said that they trusted the economy. that should not be their goal. their goal should be to hit the 40% level that w. was able to do. that will make them competitive. and they need to also created goal for blacks. they cannot conceive 97% of the black vote. start with 12%, 17%, something. they need to make inroads. is unrealistic to say let's go for hispanics. if they can get to the 38% range, they can be competitive. in the same way, we're talking about the democratic problem with whites. >> in 2013, there is a big deal. comprehensive immigration reform was taken off the table. how far does this get you with this next emerging electorate? what else does the party have to do to get back to the kind of numbers that bush saw? >> is a step in the right direction, but it is far from the whole thing. it is basically ronald reagan mindset that says we welcome anyone who shares our values and our desire for lower taxes. bill back and listen to some of ronald reagan's rhetoric. -- go back and listen to some of ronald reagan's rh
there are other issues on the economy. 70% to 20% said that they trusted the economy. that should not be their goal. their goal should be to hit the 40% level that w. was able to do. that will make them competitive. and they need to also created goal for blacks. they cannot conceive 97% of the black vote. start with 12%, 17%, something. they need to make inroads. is unrealistic to say let's go for hispanics. if they can get to the 38% range, they can be competitive. in the same way, we're...
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Nov 8, 2012
11/12
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FOXNEWSW
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whether or not we will go off the cliff and send the economy into a recession. those are the warnings from the economists. and in europe, the recession is worst than had been thought. and our biggest market for our goods and services for american companies is europe. that means lower profits for american cutches and lower stock prices. >> greta: how did the banks do today? >> they got killed today. >> greta: why? >> because of the president's re-election meant that -- that the dodd-frank financial reforms, which are considered bad for banking, will stay in place. the president's not going to allow those to be repealed. governor romney ran on repealing dodd-frank as well as obamacare. and so we saw some health insurance stocks whacked today. obamacare not good for health insurance. >> greta: except the hospital corporation of america went up 9% because they plan to -- so some stocks plan to benefit from obamacare, so some stocks went up. but 9 percent is a sizable jump. >> it is. for the health care service providers, hospital companies will get more business fro
whether or not we will go off the cliff and send the economy into a recession. those are the warnings from the economists. and in europe, the recession is worst than had been thought. and our biggest market for our goods and services for american companies is europe. that means lower profits for american cutches and lower stock prices. >> greta: how did the banks do today? >> they got killed today. >> greta: why? >> because of the president's re-election meant that --...
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119
Nov 9, 2012
11/12
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FOXNEWS
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so if this goes into 2013, the economy won't crater. it is not a ridiculous trip. we have a strategic interest in containing china. this is about china. >> greta: he could send the secretary of state, hillary clinton. he did that when he didn't want to talk to netanyahu or the president of yemen. he is quite used to outsourcing to the secretary of state. even congressman van hollen, saying how horrible this is to the average american person, if we go over the cliff. if you don't care when you know the deadline, i don't think you are doing your job, kim. >> i do think there is a difference from other deadline-itis of the past. we have had an election. before this, everyone knew everyone, when they went do the debt limit talks, everyone was holding their cards back approximate it was about how can you play this best, knowing the election is coming. it's over. everyone's waiting to figure out what is going to be the negotiating position. these guys need some time sniff each other out so they can get down to the nitty-gritty. the longer he's gone, the harder it will be
so if this goes into 2013, the economy won't crater. it is not a ridiculous trip. we have a strategic interest in containing china. this is about china. >> greta: he could send the secretary of state, hillary clinton. he did that when he didn't want to talk to netanyahu or the president of yemen. he is quite used to outsourcing to the secretary of state. even congressman van hollen, saying how horrible this is to the average american person, if we go over the cliff. if you don't care when...